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Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

WisdomTree Investments (
WETF) pushed the Financial Services industry lower today making it today's featured Financial Services laggard. The industry as a whole closed the day down 0.1%. By the end of trading, WisdomTree Investments fell $0.76 (-4.2%) to $17.35 on average volume. Throughout the day, 1,861,021 shares of WisdomTree Investments exchanged hands as compared to its average daily volume of 1,829,600 shares. The stock ranged in price between $17.28-$18.17 after having opened the day at $18.12 as compared to the previous trading day's close of $18.11. Other companies within the Financial Services industry that declined today were:
Federal Agricultural Mortgage (
AGM.A), down 11.2%,
Paulson Capital (
PLCC), down 9.1%,
Cash Store Financial Services (
CSFS), down 8.4% and
iPath Pure Beta Crude Oil ETN (
OLEM), down 5.7%.

WisdomTree Investments, Inc., through its subsidiaries, operates as an exchange-traded funds (ETFs) sponsor and asset manager. It offers ETFs in equities, currency, fixed income, and alternatives asset classes. WisdomTree Investments has a market cap of $2.2 billion and is part of the financial sector. The company has a P/E ratio of 59.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.3% year to date as of the close of trading on Tuesday. Currently there are 4 analysts that rate WisdomTree Investments a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates
WisdomTree Investments as a
buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, notable return on equity, expanding profit margins, good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.